Regulatory Alerts2022-11-16
Added · Updated
Central Bank of Jordan: Renewal of Insurance Business Management Company License for 2023
The Central Bank of Jordan requires Insurance Business Management Companies to submit their 2023 license renewal applications by Thursday, November 24, 2022. Applicants must complete the designated form and provide a statement of previous year's activities, a non-criminal record certificate, valid professional liability insurance, an updated commercial register, office lease agreement, and proof of annual fee payment. This directive enforces the annual renewal obligation stipulated in the Instructions for Licensing Insurance Business Management Companies No. (36) of 2010.